You might think that selling a distressed property will be difficult and time-consuming. In some cases it is! However, with our top 9 expert tips for selling a distressed property, you will be able to sell quickly and for a fair price. Keep ready to learn more about how to sell your distressed house in Greensboro!

Tip #1: Avoid Costly Agents

Selling your distressed property to a professional buyer such as Arrington Investment Properties, LLC also known as AIP House Buyers, will save you time and money. Listing your Greensboro house can be expensive and you will have no idea when it will actually sell. By selling it directly, you will be able to have your closing date right away and also avoid the expensive commissions an agent will charge you.

Tip #2: Make It Pretty

If your property is in need of major repairs or if it is going into foreclosure, you will likely want to sell it quickly. Taking some small steps to make it visually appealing will help buyers see it in a new way. Clean up as much as possible and make any cosmetic fixes you are able to. Try to showcase the property’s potential to help people see beyond its flaws.

Tip #3: Disclose Everything

No matter what is wrong with the property, you need to be upfront about it. By not letting people know about property defects, you could be setting yourself for a lawsuit down the road. Take the ethical approach. There is a buyer out there for your property, and you will find them!

Tip #4: Find The Right Buyers

Think about the people who are actively looking for distressed properties. Market to investors and other buyers whom you think would have an interest in your house. It can help to join some local real estate or investment groups in your area to really get the word out.

Tip #5: Be Patient

There isn’t as large of a market for distressed properties as there is for turnkey homes. It might take a while to find a buyer. This can be frustrating when trying to sell within a specific timeframe. If time is an issue, your best bet will likely be selling it directly.

Tip #6: Be Flexible

It is important to have a plan B just in case you aren’t able to sell the property. Consider renting it out if you are able to or finding a loan to help you with repairs. It is important to think about the what if’s so you don’t find yourself foreclosed on.

Tip #7: Know The Value

You might think your house is worth a certain amount, but once you factor in the necessary repairs and upgrade it requires, the actual value of your property today might be much less than you had originally thought. Be realistic about what your house is worth in the condition it is in. Don’t expect to get retail prices for a house that needs repairs.

Tip #8: Paperwork Done Right

If you choose to sell the house on your own, you will be responsible for taking care of all the paperwork. You will need to provide disclosure documents and create the contract. Everything must be legal and by the book as to protect yourself. When you work with us, we handle all the paperwork, so you will have one less thing to worry about.

Tip #9: Don’t Appear Desperate To Sell

People are going to try to come at you with low-ball offers. If you are able to, stand firm until you are able to get a realistic offer on your house. You don’t have to jump at the first person who makes an offer unless this is your only choice. At Arrington Investment Properties,LLC, we always pay fair prices for houses, distressed or not.

Are you ready to sell a Greensboro house? We can help! Send us a message or give us a call today! (336) 707-5223

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Client Reviews:

“Quite often investors are willing to pay cash for a home and with the recent tightening of financial restrictions, coupled with the growing number of complaints about low appraisals, having a cash buyer has become even more appealing.”

Bret purchased a distressed house from our family that was part of an estate. We feel that he gave us a fair price for it, considering the amount of work the house needed. We found Bret to be professional, reliable, and considerate of our situation. This was not always the case with others that were interested in the house. He always returned our phone calls and kept appointments with us. Knowing that we had not completely cleaned out the house and had to travel from another state to do so, he was flexible with the closing date. In the end, he allowed us to change the date to give us more time and work around the holidays. We would certainly do business again with Bret.

“Working with Bret and his team, was a professional and painless experience.”

I reached out to Arrington Investment Properties (AIP House Buyers) to buy my sister’s house in North Carolina. I reside in another state so it was very important that I used someone who could make this an easy process for me and my family. Working with Bret and his team, was a professional and painless experience. He walked me through the process, he and his team were always available to answer all of my questions, and best of all he Got It Done and I Got the Cash! I would highly recommend AIP to anyone who needs to sell an old or ugly house fast, without having to do the work.

Bret made selling my house a smooth process. Quick easy and a fair price, house was not in the best condition but being able to close quickly with cash was awesome!

Thanks for helping solve my house problem.

Ron Clark - Burlington,NC. Home Seller

Everything was as advertised. AIP purchased our house quickly, fairly with no fees.

I would recommend them to anyone. Thanks again.

Greensboro NC

Janet G

Get Your Fair Cash Offer: Start Below!

We buy houses in ANY CONDITION in North Carolina. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (336) 707-5223...

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We are a real estate solutions and investment firm that specializes in helping homeowners get rid of burdensome houses fast. We are investors and problem solvers who can buy your house fast with a fair all cash offer. Sell your House Fast in Greensboro NC and Surrounding Areas.
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